Duplicate Material Identification
Identify Duplicate Materials to Make Data-Driven Purchasing Decisions
Challenges of Identifying Duplicate Materials
Ineffective spare parts governance, inconsistent naming, and decentralized inventory management lead to costly duplicate materials, overstocks, and waste in MRO inventory. For asset-heavy organizations, this challenge is compounded by managing multiple suppliers, outdated systems, and M&A activity, all of which drive up costs, complicate inventory management, and tie up valuable capital.
Inability to handle inconsistent data
Legacy systems struggle to recognize duplicates when items are input differently, creating inefficiencies. This problem is intensified with M&A activity as varying naming conventions compound data inconsistencies.
Expensive excess & duplicate spare parts
With poor data and urgent material needs, organizations unknowingly repurchase parts already in stock, driving up hidden inventory costs.
Inefficiency & unplanned downtime
Downtime is costly, and paying for expedited parts when alternatives are sitting in your storeroom makes it even worse.
An Always-On Approach to Identifying Duplicate Materials
Address your data challenges with confidence without data prerequisites like a data cleanses. Our AI-driven Duplicate Material Identification empowers your team to break free from manual processes and incomplete data, allowing for a swift identification of duplicate materials. This helps unlock opportunities for spend avoidance, supplier consolidation, part sharing, and more.
Our AI Platform
Leverages NLP & Large Language Models
Understand the context of your data to match potential duplicates that are verified by your team
Understands 20+ million materials
spanning across MRO end users, distributors, and manufacturers
Utilizes data preprocessing
to handle use cases such as de-abbreviation, numeric normalization, ignoring non-relevant text, and dimensional comparisons–working directly with your data in its current state, without the need for a data cleanse
What's In ItFor You
Harness foundational visibility into your material inventory by quickly identifying duplicate parts.
Full spend visibility and control
Standardize MRO data and categories by consolidating data and identifying duplicates to avoid unnecessary purchases, optimize inventory, and strengthen supplier negotiations for more cost-effective operations.
Cost reduction MRO optimization
By identifying duplicates, the platform leads to leaner inventories and decreased carrying costs. This drives significant cost savings, as facilities can avoid overstocking and focus on essential inventory needs.
Operational efficiency and trust
Streamlines processes with always-on, automated duplicate identification to eliminate manual analysis and procurement and operations team alignment.
Transform Your MRO Supply Chain
Efficiently spot duplicate MRO materials and spare parts, streamlining inventory management while reducing waste and optimizing working capital.
Frequently AskedQuestions
Most Verusen customers are fully operational within 45 days from the time we receive the initial data transfer.
Typically, customer resources dedicate just 2-4 hours per week during the onboarding process. This is significantly less than what is required with traditional SaaS solutions, which often demand upwards of 30 hours from IT teams.
Verusen integrates seamlessly with a wide range of ERP, EAM, and P2P systems, using our comprehensive suite of certified, optional connectors to provide the insights and results you need.
Verusen doesn’t use seat licenses, so you get unlimited access for all relevant team members. Admins, chosen by you, can easily grant access to anyone in your organization who needs it.